Pinnacle West Capital (PNW) Stock Price, News & Analysis

Company Overview

Pinnacle West Capital Corporation (NYSE:PNW) is an energy holding company based in Phoenix, Arizona. Its principal subsidiary, Arizona Public Service Company (APS), is an electric utility that generates, transmits and distributes electricity to customers across Arizona.

APS serves residential, commercial, industrial and governmental customers through a diverse power portfolio that includes nuclear, natural gas, coal, solar and other renewable energy resources. The utility is also involved in maintaining and expanding the electric grid, supporting energy-efficiency programs and developing cleaner energy resources. APS is a co-owner and operator of the Palo Verde Generating Station, a major nuclear power facility near Phoenix.

Pinnacle West was incorporated in 1985 as the parent company of APS, which traces its history to the late 19th century. The company’s operations are concentrated primarily in Arizona, where APS provides regulated electric service to communities throughout the state. Pinnacle West is led by President and Chief Executive Officer Theodore (Ted) Geisler.

Key Stats

• Today's Range: $104.61 to $106.45
• 50-Day Range: $91.08 to $106.59
• 52-Week Range: $86.18 to $111.16
• Volume: 1.84 million shs
• Average Volume: 1.24 million shs
• Market Capitalization: $12.71 billion
• P/E Ratio: 20.10
• Dividend Yield: 3.53%
• Price Target: $103.39
• Consensus Rating: Hold

Pinnacle West Capital Stock Analysis - MarketRank™

Pinnacle West Capital scored higher than 72% of companies evaluated by MarketBeat, and ranked 47th out of 98 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.2 / 5
• Analyst Rating: Hold

Consensus Rating

Pinnacle West Capital has received a consensus rating of Hold. The company's average rating score is 2.31, and is based on no strong buy ratings, 5 buy ratings, 11 hold ratings, and no sell ratings.

Upside/Downside

The consensus price target for Pinnacle West Capital is close to its current price, suggesting limited near-term upside or downside.

Amount of Analyst Coverage

Pinnacle West Capital has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 3.1 / 5
• Proj. Earnings Growth: 16.22%

Earnings Growth

Earnings for Pinnacle West Capital are expected to grow by 16.22% in the coming year, from $4.81 to $5.59 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Pinnacle West Capital is 20.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 27.05.

Price to Earnings Ratio vs. Sector

The P/E ratio of Pinnacle West Capital is 20.10, which means that it is trading at a less expensive P/E ratio than the Utilities sector average P/E ratio of about 28.64.

Price to Earnings Growth Ratio

Pinnacle West Capital has a PEG Ratio of 3.79. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Pinnacle West Capital has a P/B Ratio of 1.77. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

10.32% of the float of Pinnacle West Capital has been sold short.

Short Interest Ratio / Days to Cover

Pinnacle West Capital has a short interest ratio ("days to cover") of 8.78.

Change versus previous month

Short interest in Pinnacle West Capital has recently increased by 3.33%, indicating that investor sentiment is decreasing.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Pinnacle West Capital pays a meaningful dividend of 3.44%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Pinnacle West Capital does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Pinnacle West Capital is 70.88%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Pinnacle West Capital will have a dividend payout ratio of 66.19% next year. This indicates that Pinnacle West Capital will be able to sustain or increase its dividend.

News and Social Media

• Score: 3.6 / 5
• News Sentiment: 0.79

News Sentiment

Pinnacle West Capital has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Utilities companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Pinnacle West Capital this week, compared to 3 articles on an average week.

Search Interest

3 people have searched for PNW on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Pinnacle West Capital to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 1.4 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Pinnacle West Capital insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $280,805.00 in company stock.

Percentage Held by Insiders

0.19% of the stock of Pinnacle West Capital is held by insiders.

Percentage Held by Institutions

91.51% of the stock of Pinnacle West Capital is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Company Calendar

• Record date for 9/1 Dividend: 8/03/2026
• Ex-Dividend for 9/1 Dividend: 8/03/2026
• Last Earnings: 8/04/2026
• Dividend Payable: 9/01/2026
• Today: 10/28/2026
• Record date for 12/1 Dividend: 11/02/2026
• Ex-Dividend for 12/1 Dividend: 11/02/2026
• Next Earnings (Confirmed): 11/03/2026
• Dividend Payable: 12/01/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Utilities
• Industry: Electric Utilities
• Sub-Industry: Electric Utilities
• Current Symbol: NYSE:PNW
• CIK: 764622
• Web: www.pinnaclewest.com
• Phone: (602) 250-1000
• Fax: 602-379-2625
• Employees: 6,610
• Year Founded: 1894

Price Target and Rating

• Average Price Target for Pinnacle West Capital: $103.39
• High Price Target: $119.50
• Low Price Target: $91.00
• Potential Upside/Downside: -1.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.31
• Research Coverage: 16 Analysts

Profitability

• EPS (Trailing Twelve Months): $5.22
• Trailing P/E Ratio: 20.10
• Forward P/E Ratio: 21.81
• P/E Growth: 3.79
• Net Income: $616.53 million
• Net Margins: 11.52%
• Pretax Margin: 13.71%
• Return on Equity: 8.99%
• Return on Assets: 2.08%

Debt

• Debt-to-Equity Ratio: 1.38
• Current Ratio: 0.59
• Quick Ratio: 0.41

Sales & Book Value

• Annual Sales: $5.55 billion
• Price / Sales: 2.29
• Cash Flow: $16.97 per share
• Price / Cash Flow: 6.18
• Book Value: $59.21 per share
• Price / Book: 1.77

Miscellaneous

• Outstanding Shares: 121,197,000
• Free Float: 120,967,000
• Market Cap: $12.71 billion
• Optionable: Optionable
• Beta: 0.43